Ruger & Beretta Announce Strategic Cooperation Agreement

Summary

Beretta Holding S.A. and Sturm, Ruger & Company have entered a Strategic Cooperation Agreement, allowing Beretta Holding to increase its ownership stake in Ruger to up to 25% at a partial tender offer price of $44.80 per share. The deal, announced May 4, 2026, also grants Beretta Holding the right to nominate up to two independent directors to Ruger's board.